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State Street

Holds assets for institutions and runs index funds

Head of U.S. Defined Contribution

Asset ManagementConfirmed live in the last 24 hours
Full-timeBoston, MA, USAIn-person

About the Job

Requirements

  • A bachelor's degree is required; an advanced degree or relevant professional designation is preferred.
  • At least 15 years of experience in the U.S. Defined Contribution and retirement industry, including significant leadership responsibility and commercial accountability.
  • Deep understanding of the U.S. retirement ecosystem, including plan sponsors, consultants, advisors, recordkeepers, regulatory considerations, investment solutions, and participant needs.
  • Demonstrated ability to develop and execute business strategies that drive asset growth, client retention, revenue expansion, and market differentiation.
  • Ability to translate a long-term vision into clear priorities, actionable initiatives, and measurable outcomes.
  • Proven record of leading high-performing teams, developing talent, and creating a culture of collaboration and accountability.
  • Ability to engage and influence senior clients, boards, consultants, industry groups, and stakeholders at all organizational levels.
  • Experience working effectively across investment, product, distribution, and operating functions within a complex global organization.
  • Sound commercial judgment and demonstrated ability to make decisions using market insights, business analytics, and disciplined financial assessment.
  • Strong commitment to delivering sustainable value for clients and the business; ability to align diverse stakeholders around a shared strategy; innovative and forward-looking approach combined with disciplined execution and risk awareness; credible, inclusive, and authentic leadership style.

Responsibilities

  • Develop and execute the strategic vision for the U.S. Defined Contribution business, identifying opportunities created by evolving client needs, regulatory developments, competitive dynamics, and industry trends.
  • Drive commercial outcomes by partnering with distribution, product, and investment teams to grow assets, revenue, market share, and strategic client relationships.
  • Lead the development, commercialization, and positioning of retirement solutions, including target date strategies, retirement income, indexing, active investments, and solutions addressing emerging participant and plan sponsor needs.
  • Represent the U.S. Defined Contribution business externally with plan sponsors, consultants, advisors, recordkeepers, industry organizations, and other key market participants.
  • Use data, market intelligence, and business analytics to assess opportunities, prioritize investments, allocate resources, and evaluate strategic initiatives.
  • Build partnerships across investment management, product, distribution, marketing, operations, legal, risk, and other corporate functions to drive disciplined execution and deliver an exceptional client experience.
  • Lead, develop, and inspire a high-performing Defined Contribution team, fostering accountability, collaboration, talent development, and succession planning.
  • Partner with clients and industry stakeholders to advance retirement outcomes and strengthen the company's position as a thought leader in the U.S. retirement marketplace.
  • Maintain a strong understanding of the regulatory and fiduciary environment affecting defined contribution plans and incorporate relevant developments into business, product, and client strategy.

Desired Qualifications

  • An advanced degree or relevant professional designation.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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